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FAAA Questions Proposed Genetic Test Ban

Summary by riskinfo.com.au

Life insurance premiums could rise if a Government ban on adverse genetic test results in life insurance underwriting is introduced, says the FAAA. In its submission to Treasury, as part of the government’s consultation period on the idea, the organisation’s CEO Sarah Abood says the proposed model is not the norm in insurance. While the […]

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Questions On Proposed Genetic Test Ban

In Australian news, a leading adviser organisation says life insurance premiums could rise if a Government ban on adverse genetic test results in life insurance underwriting is introduced. In a submission to Treasury, as part of the Australian government’s consultation period on the idea, Financial Advice Association Australia’s CEO Sarah Abood says the proposed model is not the norm in insurance. Sarah Abood While the FAAA supports the broader …

10 days ago

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